McDonald's profit slides as restaurants limit services [Reuters]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Reuters
McDonald's profit slides as restaurants limit services (Reuters) - McDonald’s Corp ( MCD.N ) reported a 16.7% slide in quarterly profit on Thursday as most of its restaurants across the globe limited their services to deliveries and take-aways to halt the spread of the coronavirus pandemic. The world’s largest fast-food company said about 75% of its about 39,000 restaurants around the world were operational, including almost all of its nearly 14,000 restaurants in the United States. The company said it had resumed operations in China, where the virus was first detected late last year, although demand remained low as consumers had not fully returned to their routines. “The global crisis caused by the COVID-19 pandemic has significantly disrupted our business, and we continue to operate in a very challenging and unpredictable environment,” Chief Executive Officer Chris Kempczinski said. The health crisis, which has infected over a million in the United States and killed about 60,000,
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MCD
News
- Affordability isn't enough. Fast-casual restaurants need a fandom-first approach [Fortune]Fortune
- Jim Cramer Says “Buy, Buy, Buy the Stock of McDonald's” [Yahoo! Finance]Yahoo! Finance
- The Recession-Resistant Playbook: How Franchises Can Stay Strong In Uncertain Times [Forbes]Forbes
- McDonald's Corporation (NYSE:MCD) is largely controlled by institutional shareholders who own 74% of the company [Yahoo! Finance]Yahoo! Finance
- I left consulting to begin teaching at Dartmouth right before the release of ChatGPT. Disruption is always messy—and there's always a twist [Fortune]Fortune
MCD
Earnings
- 11/5/25 - Miss
MCD
Sec Filings
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- 11/26/25 - Form 4
- MCD's page on the SEC website